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An America drowning in red ink is the land of the free no more
Topic - Walter Shimoon
Secrets about Apple Inc.'s iPhone were among insider trading tips that led to the arrests Thursday of three employees at public companies and a sales executive at a California expert-networking firm, authorities said as they boosted to six the number of arrests in a wide-ranging Wall Street insider trading probe.
Federal prosecutors in Manhattan broadened their insider trading crackdown Thursday, arresting four people on charges alleging that so-called "expert consultants" revealed secrets about Apple Inc.'s iPhone and other technology products to hedge funds seeking a trading edge on quarterly earnings reports.